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Sr. Payroll Advisor

MCAP1 day ago
Toronto, Ontario, Canada
CA$75,000 - CA$85,000/annual
Senior Level
Full-Time

Top Benefits

Health Insurance
Retirement Programs
Benefits Enrollment

About the role

The Senior Payroll Advisor is accountable for the accurate and timely delivery of payroll, including legislated deductions, payroll related payments, payroll accounting, reconciliations, and analytical reporting to support financial and business requirements.

Execute end to end semi monthly payroll processing for approximately 750 multi provincial Canadian employees, ensuring accuracy, timeliness, and compliance while working collaboratively within the payroll team Conduct regular payroll system audits, including master data reviews and workflow approvals, to ensure data integrity and compliance with internal controls Monitor and manage the shared payroll mailbox, providing timely responses to inquiries and resolving payroll issues in accordance with service standards Perform full cycle benefits administration, including RRSP-DPSP/TFSA programs and benefits enrollment, partnering with third party vendors Manage benefits billing, reconciliation, and variance analysis, resolving discrepancies and ensuring financial accuracy and executive decision making Ensure accurate calculation and processing of all payroll deductions, including statutory deductions, garnishments, family support, benefits, and retirement programs Prepare and issue Records of Employment, and T2200 forms, while serving as a subject matter expert to resolve complex payroll inquiries and discrepancies Partner with employees on maternity and parental leave to review benefit continuance schedules, clarify payment obligations, and respond to benefit related inquiries Prepare and deliver accurate monthly payroll headcount reports to support financial and management reporting Support year end payroll activities, including reconciliations, T4 preparation and distribution, and collaboration within payroll team to troubleshoot system issues Prepare payroll journal entries, general ledger reconciliations, government remittances, and quarterly and annual filings Perform internal payroll and timesheet audits to ensure ongoing accuracy, compliance, and adherence to legislative and organizational requirements Identify, recommend, and implement continuous improvement initiatives to enhance payroll efficiency, controls, and employee experience Provide trusted guidance and advisory support to employees and managers on payroll, benefits, and leave management matters

What You Bring To The Team

Minimum of 5 years of experience processing payroll in a mid-sized organization Payroll Compliance Practitioner (PCP) designation Advanced knowledge of payroll software. Experience with UKG (Ultimate Kronos Group) payroll and workforce management systems is an asset Demonstrated experience and understanding of RRSP-DPSP/TFSA and Health/Dental benefit program administration Advanced Microsoft Office skills Payroll Accounting experience an asset Strong detail orientation with strong analytical and problem-solving skills Excellent organizational and time management skills Confident with the ability to communicate effectively and build credibility with stakeholders at all levels Self-motivated with the ability to take initiative, be proactive and resourceful Positive spirit with a “get ‘er done” attitude and ability to thrive in a very dynamic environment Carries out duties with integrity and takes responsibility for actions

If this sounds like you and you are looking to be a part of one of Canada’s largest independent mortgage finance companies, then we want to hear from you!

Position #: req2236

Employment Status: Permanent Full Time Location: Toronto; Ontario Number Of Openings: 1 Department: Human Resources Internal Job Title: Sr. Payroll Advisor Salary Range: $75,000 - $85,000

About MCAP

Financial Services
1001-5000
Founded in 1981

MCAP is an independent Mortgage Finance Company with over $150 billion in assets under management providing mortgage solutions for residential and commercial properties. Founded in 1981, MCAP originates, trades, securitizes and services mortgages in offices across Canada. MCAP originates residential mortgages exclusively through the mortgage broker channel as we believe that a professional mortgage broker is a homeowner's best option and MCAP actively promotes the services of mortgage brokers across the country.

MCAP is also a leader in the Canadian residential construction lending market with over 25 years in the business. Our teams of dedicated professionals serve a variety of developer, construction and lender clients across Canada.

MCAP Service Corporation Ontario Mortgage Brokerage #10515 Ontario Mortgage Administrator #11692

MCAP Financial Corporation Ontario Mortgage Brokerage #10600 Ontario Mortgage Administrator #11790

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